What is the difference between Executed and Executory Contracts? A contract can be executed when both parties have done their part in fulfilling it. A contract is executory if one or more terms are still to be fulfilled, but at some point all of its terms will be fulfilled. In this video we'll go over the differences between these two types of contracts and how they relate to Real Estate Licensing Exams!

Here are the chapters for this video, feel free to jump around accordingly:

0:00 Introduction
0:28 Executed Contract Definition
1:30 Executed Contract Example
2:12 Executed and Effective Dates
3:05 Executory Contract Definition
3:50 The Difference Between Executed and Executory Contracts
4:39 Contract Execution Best Practices

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